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IPG Photonics
Stock Price
$95.1
2023-11-17
Market Capitalization
$4.5 B
2023-11-17
Revenue
$1.4 B
FY, 2022
IPG Photonics Summary
Company Summary
- Overview
- IPG Photonics is a laser technology company. It operates in one segment, which involves the design, development, production, and distribution of fiber lasers, laser and non-laser systems, fiber amplifiers, and related optical components. The company caters to automotive, consumer electronics, aerospace, semiconductor, heavy industry, medical, oil and gas, nuclear power, and other sectors.
- Type
- Public
- Status
- Active
- Founded
- 1991
- HQ
- Marlborough, MA, US | view all locations
- Cybersecurity rating
- ESG rating
Table of Contents
Key People
Timothy P.V. Mammen, Chief Financial Officer and Senior Vice President
Alexander Ovtchinnikov, Senior Vice President, Chief Technology Officer
Trevor D. Ness, Senior Vice President, Sales and Strategic Business Development
Operating MetricsView all
Facility Space Leased, sq. ft.
186.6K
33.7%
FY, 2022
Facility Space Owned, sq. ft.
2.5M
12.4%
FY, 2022
Backlog
$729M
8.2%
FY, 2022
LocationsView all
33 locations detected
Marlborough, MA HQ
United States
377 Simarano Dr
Anaheim, CA
United States
3150 La Palma Ave #K
Fridley, MN
United States
5110 Main St NE #1400
Marlborough, MA
United States
225 Cedar Hill St
Novi, MI
United States
46695 Magellan Dr
Oviedo, FL
United States
562 S Econ Cir
IPG Photonics Financials
Summary Financials
- Revenue (Q3, 2023)
- $301.4M
- Gross profit (Q3, 2023)
- $132.9M
- Net income (Q3, 2023)
- $55.0M
- Cash (Q3, 2023)
- $528.3M
- EBIT (Q3, 2023)
- $55.7M
- Enterprise value
- $3.9B